After Breaking Out The Channel DENT Token Is About To Break 1st Resistance

By moon333 | moon333 | 29 Dec 2021


 

Hi friends hope you are well, and welcome to the new update on Dent token.

Broke out channel with bullish divergence:
On the daily time frame, Dent has broken out a down channel , for now it is rejected by $0.0055 resistance but there is also a bullish divergence appeared as priceline is forming higher high but the price action is failed in forming a new high. Therefore, Dent can breakout the resistance of $0.0055 then next resistance will be at $0.0075.

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SMA and oscillator:
On weekly time frame, there is a good support of 100 simple movingaverge support and the Stochastic is suggesting that the market of Dent has been oversold as it has entered the oversold zone.

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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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